NEW YORK, March 9, 2026 /PRNewswire/ -- Safehold Inc. (NYSE: SAFE), the leader of the modern ground lease industry, closed on a ground lease and leasehold loan in late-December to facilitate the development of 299 Broadway, a ground-up, 204-unit multifamily development in Somerville, MA. The deal, featured in The Boston Globe, is Safehold's first with Samuels & Associates and Mark Development, two Boston-based multifamily developers.